NASDAQ: WSC ยท Rental & Leasing Services
WillScot Holdings (WSC) fair value: undervalued or overvalued?
As of 7 Nov 2026, Faircurve's model values WillScot Holdings (WSC) at $20.12 a share. The stock last closed at $18.86, which puts the model's fair value 6.7% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 6 Nov 2026. WillScot Holdings Corporation.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 7 Nov 2026 moved the fair value from $19.39 to $20.12 (+3.8%). Net debt fell on the latest balance sheet: part of the move.
What the model makes of itThe price of $18.86 is 6.7% below it: Fairly valued, on a medium evidence grade.
What's nextNext report on 18 Feb 2027. Options prices imply a move of about 18% either way over the next month. The next weekly run is on Saturday 14 Nov 2026.
What price range does the model give WSC?
The calibrated range for WSC over 63 trading days is $15.46 to $23.53. It sits around the last close, and its width comes from the volatility that WSC's own options imply (63% a year), calibrated weekly against realised prices (n = 7,355 past valuations, refreshed 7 Nov 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $11.78 to $30.15. In 54% of the simulations the fair value came out above the price the model ran on.
The Global Pulse
Faircurve's note after each US session, in your inbox. No account needed.
When does WSC report earnings, and how has the stock reacted?
WillScot Holdings's next earnings report is scheduled for 18 Feb 2027. Companies can move their dates.
Options prices on 6 Nov 2026 imply a move of about 10.0% in either direction through the nearest expiry, about 13 days out. That is the size the market is pricing, not a direction. WSC's 30 day implied volatility works out to about 18.1% over one month.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across WSC's last 8 reports, ignoring direction, was 10.9%.
What the options market has priced for a month's move in WSC
How does WSC score on business quality?
WillScot Holdings's overall quality score is 49 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 56 | 9.2%ROIC | 7.4% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 100 | ||
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 23 | -4.8%Revenue growth, trailing | 9.2% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 44 | 0.7%Net buybacks / market value | 0.6% |
| Balance sheetNet debt to EBITDA and interest coverage. | 16 | 7.03xNet debt / EBITDA | 3.51x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 10 | 4.8 ptsEBITDA margin downside volatility, 5y | 0.9 pts |
How does WSC compare with similar companies?
The companies in rental & leasing services closest to WillScot Holdings in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| CAR Avis Budget Group, Inc. | $118.83 | $164.68 | +38.6% | Low evidence grade |
| VSTS Vestis Corporation | $14.20 | $14.92 | +5.1% | Low evidence grade |
| GATX GATX Corporation | $182.74 | $153.42 | -16.0% | Low evidence grade |
| R Ryder System, Inc. | $266.39 | $455.16 | +70.9% | Gap wider than 60% |
| HTZ Hertz Global Holdings, Inc. | $1.64 | $5.11 | +211.6% | Gap wider than 60% |
| URI United Rentals, Inc. | $1,055.57 | $1,255.44 | +18.9% | Undervalued |
What the comparable companies' multiples alone would give for WSC, the peer-implied price, is $23.77 a share on this run. The fair value weighs that against the company's own multiple.
All rental & leasing services stocks ranked by gap to fair value
WillScot Holdings at a glance
WillScot Holdings Corporation (WSC) is a leading provider of adaptable workspace and mobile storage solutions throughout the United States, Canada, and Mexico.
- Market value
- $3.4B
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Revenue expected, next twelve months
- $2.4B
- Consensus revenue growth, next fiscal year
- +1.3%
- Analysts with estimates
- 7
- Beta to the US market
- 1.67
- First valued by Faircurve
- 11 Jul 2026
At the close of 6 Nov 2026, 53.0% of the 1,067 graded US stocks the model covers traded below the model's fair value. WSC was among them.
How the fair value is worked out: the model prices WillScot Holdings on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 31 Oct 2026 the model's fair value for WSC was $19.39. As of 7 Nov 2026 it is $20.12, a change of +3.8%. Net debt fell on the latest balance sheet: part of the move. The model revalues every stock it covers each week, and again after an earnings report.
Questions about WillScot Holdings's valuation
Is WillScot Holdings stock undervalued or overvalued?
On Faircurve's model, WSC reads as Fairly valued as of 7 Nov 2026. The model's fair value is $20.12 a share against a last close of $18.86, a gap of +6.7%.
What is WSC's fair value?
$20.12 a share as of 7 Nov 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $11.78 to $30.15.
What price range does the model give WSC?
$15.46 to $23.53 over 63 trading days. Ranges built this way held the price 60% of the time across 7,355 past valuations, refreshed 7 Nov 2026.
When does WillScot Holdings report earnings next?
The next report is scheduled for 18 Feb 2027. Companies can move their dates.
How much has WSC moved on past earnings reports?
Across its last 8 reports the median two session move was 10.9%, ignoring direction. The largest was +20.1% around the report of 7 May 2026.
How confident is the model in this valuation?
The model's evidence grade for WSC is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on WSC
The model holds no idea open on WSC today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on WSC with their outcomes. A free account is enough.